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Buddyzbuddy

(1,362 posts)
4. Hi Mawspam2, my post following yours was not in response to yours.
Thu Jun 19, 2025, 07:22 AM
Jun 19

I happen to be writing it at the same time you were posting.
Although, I agree with most of your post. The difference up until the Felon began making a mockery of our financial system is the U.S. Dollar is backed and guaranteed by the Gov't of the United States. Whereas Crypto, et al has had no guarantor. It's only been as good as the people exchanging and accepting it. If the Felon makes good on his attempt to legitimize digital currency he will give it some legitimacy while at the sane time deligitimizing the U.S.Dollar. It will cease to exist as the currency of choice throughout the world. I don't think fear of recession alone is causing the spike in the price of gold.

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